Word: auto
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Dates: during 1950-1959
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...that he can disassemble The Sun, pack it away in handy-sized packing crates. ¶ In Minneapolis the Institute of Arts had on view a 21 in. bronze Monkey and Her Baby, by 74-year-old Pablo Picasso. To make his ,lonkey, Picasso took a child's toy auto for a head, car spring for a tail and a machined iron sphere for a body, shaped in the rest with clay. The end product: a heavy-footed baboon shape that rates a guffaw, yet carries over an unabashed tribute to mammalian protectiveness and love that can be enjoyed long...
...William C. Newberg, 45, Colbert-trained president of Dodge, to automotive group vice president in charge of all vehicle divisions and the MoPar division (truck and auto parts...
...selling. Plymouth, the company's high-volume bread-and-butter car, has dropped from 422,187 units assembled in 1955's first half to 243,541 in the same period this year, the sharpest (42%) slide in the industry. Plymouth's share of total auto production, which stood at 9.92% in 1955's first six months, has fallen to 7.63%. Dodge, the company's No. 2 seller, has fallen from 179,188 units to 108,545, a drop of 40%. Its proportion of auto output fell from 4.2% in 1955's first half...
...houses has helped maintain a high dollar volume. Nevertheless, the decline has given a big boost to a little-known idea: trade-in housing. Detroit Builder-Broker Gordon Williamson, who used to sell cars in the '20s, says that real-estate dealers are today at the point where auto dealers found themselves 30 years ago; they are going to have to handle trade-in houses to stay in business, because "we're running out of first-home buyers right now." Agrees Federal Housing Administrator Norman Mason: trade-ins would open up "a great new market of perhaps...
MORE ANTITRUST SUITS loom against automakers. After slapping General Motors bus division with monopoly suit, Justice Department is pushing investigation of G.M.'s 55% share of U.S. auto market. Another possible suit: against Ford, charging that it violates antitrust laws by forcing dealers to sell quotas of parts and accessories...